
As part of the Texas Downtown Association's 2014 Texas Downtown Development and Revitalization Conference, Discover Texas Downtown Treasures, the Texas Historical Commission will present Historic Rehabilitation Tax Credits: State and Federal Preservation and Economic Development. The financial incentives for rehabilitation of historic buildings have never been better. A 20% tax credit on federal income tax combined with a 25% tax credit, newly created in Texas, offer new opportunities to revitalize Texas’ downtowns. This session will provide insights on the types of properties and projects eligible to earn the credits, the differences between the federal and state credits and the application process for obtaining approvals of a certified rehabilitation.
The conference will be held from November 4-7, 2014. Registration and conference information is available at http://texasdowntown.org/revitalization-conference-2014.html.